May 8, 2003 |
Legendary songwriters Jerry Leiber and Mike Stoller plan to stand by the catalog of hits they've written during their five decades in the music business, but they've auctioned the rest of their holdings. Leiber and Stoller, the composers of such classics as "Stand by Me" and "Jailhouse Rock," agreed to sell their Trio and Quartet music catalogs, which include nearly 20,000 titles by other songwriters, to independent music publisher Windswept Classics and trading giant Itochu Corp.
May 13, 1994 |
Oded Aboodi, the leading financial adviser to Time Warner Inc. and a key architect of its 1990 merger, Thursday settled civil insider trading charges brought by the Securities and Exchange Commission and agreed to pay $931,000 in penalties. In its complaint, the SEC alleged that two of Aboodi's family partnerships sold Time Warner common stock when Aboodi knew that Time Warner management had approved a controversial stock rights plan in May, 1991.
August 4, 1995 |
In the gleaming lobby of a major trading firm, there is a new and startling sight among the starched white shirts and somber gray suits of Japan's normally button-down executives: Peach-colored shirts. Green plaid trousers. Sneakers. Casual Friday has come to Japan, one of the most conservative business climates in the world. In April, Itochu Corp. decreed that employees could dress down once a week, joining the ranks of such firms as cosmetic maker Shiseido, retail giant Daiei Inc.
May 29, 1995 |
The Pacific Business Forum, a group of business people advising the Asia-Pacific Economic Cooperation forum, stressed a need to "get things done" at the end of a two-day meeting Saturday. "We're a group of business people and we want to see things happen," Les McCraw, a forum co-chairman and chairman of Irvine-based Fluor Corp., told a news conference.
July 11, 1994 |
Stocks are expected to decline today in Tokyo following the death of North Korea's leader and a disappointing meeting of the Group of Seven nations this weekend that yielded little support for the sagging dollar. After leaders of the world's major industrial countries failed to come to its rescue, the dollar resumed its decline against the yen. The dollar opened at 98.30 yen on the Tokyo foreign exchange market today, down 0.23 from Friday's close.
July 16, 1993 |
Time Warner Inc. lost $80 million in the second quarter, but continued showing improved operating results in all five of its major lines of business. The performance for the New York-based media and entertainment giant was attributed to such factors as the Warner Bros. hit film "Dave," improved circulation for its magazines and music sales from such venerable artists as Rod Stewart and Eric Clapton.
September 23, 1995 |
US West Inc.'s suit against Time Warner Inc., seeking to block the media company's acquisition of Turner Broadcasting, contends that the deal would create a conflict of interest. But executives and investment bankers close to the Time Warner-Turner negotiations are skeptical that US West's suit, filed in Delaware Chancery Court, has merit.
November 8, 2006 |
Toyota Motor Corp. predicted Tuesday that it would earn more than any other Japanese company this fiscal year after overseas sales jumped, boosted by a weaker yen. The automaker also bought a stake in smaller Japanese rival Isuzu Motors Ltd. to gain access to diesel engine technology as it works to expand its reach in Europe. Toyota, the world's second-largest automaker, said net income would rise 13% to 1.55 trillion yen ($13 billion) in the year ending March 31.
February 3, 2000 |
Autobytel Japan K.K., an online car-buying service affiliated with Irvine-based Autobytel.com Inc., will sell shares of stock next year to raise its image and expand operations, a company official said Wednesdsay. Autobytel Japan, which started its e-commerce site in Japan in November, has "sufficient funds for the time being," Autobytel Japan Executive Vice President Yoshikuni Kato said in an interview.
October 28, 1999 |
Online car shopping service Autobytel.com Inc. will launch a Japanese Web site next week linking 200 dealers affiliated with 10 auto makers to challenge a venture backed by Microsoft Corp. for Internet-based sales in the world's second-biggest car market. The Irvine-based company, which makes money by charging its network of 2,700 dealers for online referrals, formed the venture in June with six Japanese partners including systems integrator Intec Inc., trading company Itochu Corp.